

As if he had a choice
House Democrats haven't met formally to discuss the "framework" for a
tax-cut package President Obama announced he agreed to with Republicans last
night, but they are already against it. House Speaker Nancy
Pelosi (D-Calif.) announced over Twitter that the package is a loser
with the Democratic Caucus. The compromise proposals, Pelosi stated
in her tweet, "help only wealthiest 3 percent, don't create jobs and add
tens of billions to deficit."
House Majority Leader Steny Hoyer (D-Md.) also told reporters Tuesday at his
weekly press briefing that there was no consensus or agreement yet from Democrats on the package,
and though he didn’t criticize it directly, Hoyer said, "The Republicans
are obviously holding middle-income tax cuts hostage ... I think that's
inappropriate."
The House passed a bill last week to extend tax relief to middle-class
families earning less than $250,000, but it failed in the Senate. Senate
Democrats also joined Republicans over the weekend in killing a Democratic
compromise that would have provided continued tax cuts to those earning up
to $1 million, but no more. Democrats are on the record, and
everybody has had their say. They just don't have the votes.
Democrats are furious with President Obama for "caving" to
Republicans on tax relief. And he probably didn't have to come out and announce
something without talking to them first. But Democrats should ask themselves
this question: If House Democrats wouldn't vote on the tax-cut question this
fall because they were protecting their vulnerable members, and
vulnerable Senate Democrats are voting with Republicans now because they
are trying to win reelection in 2012, what choice did President Obama have
but to compromise with the GOP?
STIMULUS NO. 2 IS HERE! DOES ANYONE CARE ABOUT ANOTHER TRILLION
IN DEFICIT SPENDING? Ask A.B. returns Wednesday, Dec. 15. Please join
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